Author

Topic: 2013-08-14 Bitcoins are a buy at $50, Richard Bove says (Read 996 times)

legendary
Activity: 1274
Merit: 1050
Pretty silly and bland article.

Ofcourse a bitcoin is an awesome buy at 50 bucks. Hell, I'll sell my house and buy 200k euro worth of BTC at $50. Sell them the next day at $100 and buy my house back plus a whole warehouse full of ASICs Smiley
full member
Activity: 196
Merit: 100
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.

What should he have said? "Recently, 1.03527 bitcoins fetched 116.726693 on Mt. Gox."

Obviously he's going to go by the per-unit price.
donator
Activity: 784
Merit: 1000
Quote
Bove decided to write about bitcoins after a top New York bank regulator issued subpoenas to several major bitcoin companies and issued a memo on virtual currencies.

I hope there will be enough chickens to panic and dump their "becoming illegal" coins for $50 Smiley
Get ready for some cheap coins soon!
legendary
Activity: 4542
Merit: 3393
Vile Vixen and Miss Bitcointalk 2021-2023
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.
Huh "One X is worth $Y" is the standard way of quoting currency/commodity prices, regardless of divisibility or lack thereof.
legendary
Activity: 4522
Merit: 3426
Ugh. The ignorance of these writers ...

Quote
One bitcoin recently fetched $112.75 on Mt. Gox, ...

Apparently, Bitcoins are sold one at a time.
legendary
Activity: 1834
Merit: 1019
In that case I'll set my limit order for $51 :p
legendary
Activity: 2114
Merit: 1031
I love how the $50 comes from nowhere... just like other speculation... so silly.  Bitcoins are a good buy at $100, too... or $150 for that matter... in 5 or 10 years...
sr. member
Activity: 490
Merit: 266
Gold is a good buy @ $50 too Grin
donator
Activity: 1218
Merit: 1079
Gerald Davis
Wow nice.  I doubt he will get the option to enter but nice to see some in the industry realizing Bitcoin isn't going away.
legendary
Activity: 1246
Merit: 1010
http://blogs.marketwatch.com/thetell/2013/08/14/bitcoins-are-a-buy-at-50-richard-bove-says/?mod=MW_story_latest_news

its showing up in the "latest news" section (in the header) on the front page of marketwatch... click and drive it higher :-)
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